Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzeria's owner has determined that the shop has two major cost driversthe number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: cost per Delivery Fixed Cost Cost per per Month Pizza $ 5.00 $6,030 $ 670 $ 0.90 Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $2.70 $2.10 $ 690 $ 448 $ 1,990 $ 790 $ 0.15 In November, the pizzeria budgeted for 1,740 pizzas at an average selling price of $13 per pizza and for 200 deliveries. Data concerning the pizzeria's actual results in November appear below: Actual Results 1,840 180 Pizzas Deliveries Revenue Pizza ingredients Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 24,530 $ 8,290 $ 5,970 $ 915 486 $ 998 $ 448 $ 1,990 $ 826 1. Complete the flexible budget performance report that shows both revenue and spending variances and activity variances for the pizzeria for November. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Milano Pizza Flexible Budget Performance Report For the Month Ended November 30 Flexible Budget Planning Budget Pizzas Deliveries Actual Results 1,840 180 Revenue $ 24,530 Expenses: Pizza ingredients Kitchen staff 8,290 5,970 915 Utilities 486 Delivery person Delivery vehicle Equipment depreciation 998 448 Rent Miscellaneous Total expense Net operating income 1,990 826 19,923 4,607 $